Estimated reading time: 2 minutes, 49 seconds, the leading digital business payments company, today announced the general availability of International Business Payments. Now all customers can make electronic international business payments just as easily as they make domestic payments.

Accounting firms and their clients in the United States can now pay vendors in nearly 40 countries, including India, China, the Euro Zone, and many other countries. Payments can be made in both U.S. dollars or local currencies. Additionally, International Business Payments is now supported on iOS and Android, making it that much simpler to complete payments. The general availability follows a highly successful pilot which included hundreds of businesses making payments across the globe. 

“The future of business is digital, but it’s also global. Today, processes over $62 billion annually in business payments,” said René Lacerte, CEO and Founder of “With International Business Payments, we provide accounting firms and their clients with a simple and cost-effective way to pay electronically all over the world, with just a few clicks. We are delighted to see the customer response to this new offering.”

“Our clients and their vendors appreciate International Business Payments because the payment process is tracked, quicker and easier than a bank wire transfer, and incredibly efficient. Many of the potential errors associated with cross-border payments such as currency conversion and approvals are eliminated with thanks to automated workflows, the online consolidation of invoices and contracts, and integrations with accounting systems and apps. It doesn’t get better than this for our team, honestly,” commented David Miller, Partner, Outsourced Finance & Accounting for Armanino.

When making cross-border payments with banks, accounting firms and their SMB clients often deal with having to enter the same information twice -- once into a bank wire form and then again into accounting software -- which can result in errors. With the International Business Payments solution, users can receive, process, and pay invoices in U.S. dollars or local currencies and then sync accurately with accounting software including Sage Intacct, NetSuite, QuickBooks, and Xero, providing end-to-end cashflow visibility and eliminating the need for double data entry.

Cost is also a key concern. Companies that use International Payments save an average of 50 percent on the cost of a wire transfer, compared to banks.

“ International Business Payments allow us to maintain a lower risk profile and provide higher level of services to our growing practices. Clients have been thrilled that we can bring the vision full circle when dealing with their A/P and truly digitize, centralize and optimize their processes,” said Aaron Berson, CPA, Cloud Accounting Ecosystem Curator for EisnerAmper.

“Handling foreign payments before was slow, difficult, and problematic to reconcile. Now, every week we have clients asking for International Business Payments. It's a great solution that enables our clients to make international payments easily and cost effectively,” said John Delalio, MBA, Managing Director for EisnerAmper.

For more information, visit the International Payments pagehere. Due to the overwhelmingly positive response from initial International Business Payments users, is extending the special promotional price of $9.99 per transaction. If you are already a customer and want to try International Business Payments, simply login, add an international vendor, and send the payment.
Read 342 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings


For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue


Background Color
Text Color


Background Color


Select menu
Google Font
Body Font-size
Body Font-family
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline